Posts tagged "eofy 2022"

With a new financial year on the horizon, there’s a number of changes that business owners will need to be aware of in order to stay compliant. From superannuation contributions to a rising minimum wage, here’s what you need to know for the 2022–23 financial year.

Business owners place a high priority on optimising cashflow — often with less consideration and effort given to minimising and managing their tax liability.

For businesses, the end of financial year (EOFY) can seem a little like high school exams: you’ve had all year to prepare, and yet as the deadline approaches, you realise how much more work there is to do. Tax obligations, deductions, superannuation payments and sorting through records can be enough to stress out even the best of us, but it doesn’t have to be difficult.

The shift to working from home means there are several challenges that an employer now has to overcome, both managerial-wise and with professional tax obligations.